Saudi Arabia has been playing a careful game on the world stage, weighing whether to formally join BRICS after being invited in 2023. While other nations have jumped on board, Riyadh remains hesitant. The reason? The decision carries massive geopolitical and financial consequences, particularly for the U.S. dollar and the global oil trade. Faisal Al-Ibrahim, Saudi Arabia’s Minister of Economy and Planning, recently spoke at the World Economic Forum in Davos, emphasizing that the Kingdom won’t be rushed into a decision. His words were diplomatic, but the message was clear: this isn’t just about economics—it’s about power, control, and the future of the global financial system. “The risks to economic cohesion, fiscal robustness, lingering inequalities, and energy access are not…
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